As used in the Oklahoma Energy Storage Resource Safety Act:
- 1. "Commencement of operations" means the date on which an energy storage resource first delivers electricity to the grid in an amount sufficient for commercial sale or use off-site from the energy storage resource, but shall not include amounts of electrical energy used only for the maintenance or testing of the energy storage resource or related equipment;
- 2. "Energy storage resource" means a resource capable of receiving electric energy from the electrical grid, or from a generation source with which it is associated, and storing such electric energy for later injection into the electrical grid;
- 3. "Energy storage resource agreement" means a lease agreement between a grantee and a landowner that authorizes the grantee to operate an energy storage resource on the leased property;
4. "Grantee" means a person, other than an electric utility who:
- a. leases property from a landowner, and
- b. operates an energy storage resource on the property; and
- 5. "Resource owner" means the entity having a majority equity interest in the energy storage resource, including its respective successors and assigns.
Laws 2026, HB 3464, c. 155, § 3, emerg. eff. July 1, 2026.